The Gyatt was named after Marine private Edward Earl Gyatt, born in Syracuse, New York the 4th day of September, 1921 and who enlisted in the U.S. Marine Corps on the 26th day of January 1942. Private Gyatt was awarded posthumously, in 1942, the Purple Heart, the Asiatic-Pacific Campaign Medal and the Silver Star for service as set forth in the following citation:

"For conspicuous gallantry and intrepidity in action while serving with the First Marine Raider Battalion during the seizure of Tulagi, Solomon Islands, from enemy Japanese forces, on the night of August 7-8, 1942. Assigned to duty on a listening post to the right flank and forward of his company's position. Private Gyatt reported the approach of a hostile counter-attack to his platoon commander and then, with utter disregard for his own personal safety, remained at his post, inflicting a heavy toll upon the infiltrating Japanese until he was killed by an enemy hand grenade. By his skill, courage and indomitable fighting spirit, he contributed to the eventual repulse of the enemy and upheld the highest traditions of the U.S. Naval Service. He gallantly gave his life in the defense of his country."

The sponsor of the ship was Mrs. Hilda Morrell of Syracuse, New York mother of Private Edward Earl Gyatt, U.S. Marine Corps.